Zumper

700 E Algonquin Rd
700 E Algonquin Rd, Schaumburg, IL 60173, USA

House for rent
Monthly rent
$1,771–$2,682
Beds1–2
Baths1–2
Sqft725–1,130
modified
5+ Days Ago

Property Overview

Conveniently located, this property features a clubhouse and on-site fitness amenities, making it ideal for those focused on wellness and fitness. It offers quick access to highly-rated schools and has a substantial visual representation with 247 photos available for potential renters. Additionally, the value per square foot ranks in the top 90.8 percentile within the area, demonstrating a strong investment opportunity.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Middle school nearby
  • Less expensive
  • More space

Great for

  • Wellness

Highlights

  • conveniently located
  • clubhouse

Units

700 E Algonquin Rd Schaumburg, IL

New Listing

2309

1 Bed

1 Bath

$1,771

Listed on 12/11/2025
Listed by Cathleen Simboli
Days on market: 7
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY JAN 31st ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This one bedroom, one bath unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or enjoy a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness ctr with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages available. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units avail. Short term leases available. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Pricing can vary based on lease term & move-in date, subject to change without notice. Call or text listing agent for tour! Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2412

1 Bed

1 Bath

$1,796

Listed on 12/11/2025
Listed by Cathleen Simboli
Days on market: 7
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY JAN 31st ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This one bedroom, one bath penthouse unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or enjoy a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness ctr with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages available. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units avail. Short term leases available. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Pricing can vary based on lease term & move-in date, subject to change without notice. Call or text listing agent for tour! Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2101

2 Beds

2 Baths

$2,600

Listed on 12/05/2025
Listed by Cathleen Simboli
Days on market: 13
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY JAN 31st ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This 2 bedroom/2 bath first floor unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or play a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness center with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages avail. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units available. Short term leases avail. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Prices can vary based on lease term & move-in date, subject to change without notice. Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2401

2 Beds

2 Baths

$2,627

Listed on 12/05/2025
Listed by Cathleen Simboli
Days on market: 13
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY JAN 31st ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This 2 bedroom/2 bath penthouse unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or play a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness center with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages avail. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units available. Short term leases avail. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Prices can vary based on lease term & move-in date, subject to change without notice. Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2307

2 Beds

2 Baths

$2,682

Listed on 12/13/2025
Listed by Cathleen Simboli
Days on market: 5
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY JAN 31st ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This 2 bedroom/2 bath penthouse unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or play a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness center with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages avail. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units available. Short term leases avail. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Prices can vary based on lease term & move-in date, subject to change without notice. Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 700 E Algonquin Rd

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Outdoor Space
  • Swimming Pool
  • On-Site Laundry
  • Elevator
  • Fitness Center
  • Residents Lounge
  • Garage Parking
  • On-Site Management
  • Wheelchair Accessible
  • Roof Deck
  • Storage
Unit Amenities
  • Walk-In Closets
  • Dishwasher
  • On-Site Laundry
  • In-Unit Laundry
  • Air Conditioning
  • Ceiling Fan
  • Balcony
  • Carpet
  • Fireplace

Policies at 700 E Algonquin Rd

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Advertisement

About 700 E Algonquin Rd

HomeHouses in Schaumburg 700 East Algonquin Road #2307, Schaumburg, Illinois 60173, United States

Live at 700 E Algonquin Rd in Schaumburg, IL, and experience the best of suburban living! This 52-unit property offers spacious 1 and 2-bedroom apartments, ranging from 725 to 1130 square feet. Enjoy top-notch amenities, including a clubhouse, free parking, in-unit laundry, walk-in closets, stainless steel appliances, and granite countertops. Stay active with the on-site swimming pool and outdoor space. Additional conveniences include a dishwasher, elevator, and garage. With its prime location near top-rated schools, including an elementary, middle, and high school with A- or higher ratings, this property is a great choice for those seeking a convenient and comfortable lifestyle. Note that this is a long-term rental property and is not pet-friendly.

Does this information look correct?

Address details

Units51
Units available5
City
Zip code60173

700 East Algonquin Road #2307 is great for:

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • On-site pool or spa
  • On-site quiet spaces for meditation or yoga

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 700 E Algonquin Rd, Schaumburg, IL 60173, USA compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.3 mile away
Less expensive
Some rentals at this address are cheaper than similar listings nearby
More space
The 2-bedroom is 120 sqft larger than other listings nearby
High school nearby
There is a high school 1 mile away
Dishwasher
Kitchens at this address include dishwashers
Elevator
Improved accessibility features
Images available
There are at least 10 photos of this address
Walk-in closet
Rentals here may include more closet space than average

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 2 miles away
Pet restrictions
Pets aren't allowed at this location.

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Schaumburg

1-bedroom apartments here are priced 4% lower than 1-bedrooms in Schaumburg.

If you decide to upgrade your space, you can expect 2-bedrooms at 700 East Algonquin Road #2307 to be 13% more than the average for similarly sized apartments in Schaumburg.

Median rents as of Dec 13 2025.
Schaumburg
A table of studio rental data trends in Schaumburg
MonthMedian Rent
December 2023$1,590
January 2024$1,590
February 2024$1,589
March 2024$1,614
April 2024$1,865
May 2024$1,824
June 2024$1,813
July 2024$1,807
August 2024$1,844
September 2024$1,875
October 2024$1,937
November 2024$1,960
December 2024$1,923
January 2025$1,831
February 2025$1,842
March 2025$1,898
April 2025$1,883
May 2025$1,899
June 2025$1,909
July 2025$1,864
August 2025$1,864
September 2025$1,872
October 2025$1,889
November 2025$1,817
December 2025$1,799

Affordability calculator

Can I afford to live at 700 E Algonquin Rd?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$71,340/yr

With your selected rent-to-income ratio, you'd ideally want to make $71,340 annually to afford this 1-bedroom median monthly rent price of $1,783.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 700 East Algonquin Road, Schaumburg, IL.
This month$1,7671 bed1 bath
This month$1,9431 bed1 bath
Last month$2,1371 bed1 bath
Last month$1,8631 bed1 bath
2 months ago$2,2221 bed1 bath
2 months ago$2,6512 bed2 bath
3 months ago$2,0351 bed1 bath
4 months ago$2,3381 bed1 bath
4 months ago$2,5992 bed2 bath

Schools near 700 East Algonquin Road #2307

Hunting Ridge Elementary School

1105 w illinois ave

palatine, IL, 60067

K-6Public
A
Powered byniche.com
Advertisement

Getting around Schaumburg near 700 E Algonquin Rd

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 700 E Algonquin Rd, Schaumburg

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

2/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

6/10
Some bars within walking distance

Compare similar properties nearby

featured image of 2134 South Goebbert Road

Residences at Arlington Heights

Our team has verified this company

2134 South Goebbert Road

2–3 Beds

$1,730–$2,317

dogs and cats ok
Yes
fitness center
No
on-site laundry
Yes
featured image of 650 West Rand Road

Stonebridge of Arlington Heights

Our team has verified this company

650 West Rand Road

1–2 Beds

$1,599–$3,965

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 2734 Buffalo Grove Road

Brook Run

Our team has verified this company

2734 Buffalo Grove Road

1–3 Beds

$1,760–$3,735

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 492 Vinings Drive

Stratford Green

Our team has verified this company

492 Vinings Drive

1–3 Beds

$2,058–$3,437

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 305 Cambia Drive

The Grove at Schaumburg Apartments

Our team has verified this company

305 Cambia Drive

1–3 Beds

$1,497–$2,762

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 21599 Field Court

Deer Park Crossing Apartments

Our team has verified this company

21599 Field Court

1–2 Beds

$2,174–$3,922

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 21 Kristin Drive

21 Kristin

Our team has verified this company

21 Kristin Drive

1–3 Beds

$1,559–$3,155

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 143-148

173 ARBOR

143-148

2 Beds

$1,600–$2,100

dogs and cats ok
Yes
fitness center
No
on-site laundry
Yes
featured image of 2134 South Goebbert Road

Residences at Arlington Heights

Our team has verified this company

2134 South Goebbert Road

2–3 Beds

$1,730–$2,317

dogs and cats ok
Yes
fitness center
No
on-site laundry
Yes
featured image of 650 West Rand Road

Stonebridge of Arlington Heights

Our team has verified this company

650 West Rand Road

1–2 Beds

$1,599–$3,965

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 2734 Buffalo Grove Road

Brook Run

Our team has verified this company

2734 Buffalo Grove Road

1–3 Beds

$1,760–$3,735

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 492 Vinings Drive

Stratford Green

Our team has verified this company

492 Vinings Drive

1–3 Beds

$2,058–$3,437

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 305 Cambia Drive

The Grove at Schaumburg Apartments

Our team has verified this company

305 Cambia Drive

1–3 Beds

$1,497–$2,762

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 21599 Field Court

Deer Park Crossing Apartments

Our team has verified this company

21599 Field Court

1–2 Beds

$2,174–$3,922

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 21 Kristin Drive

21 Kristin

Our team has verified this company

21 Kristin Drive

1–3 Beds

$1,559–$3,155

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 143-148

173 ARBOR

143-148

2 Beds

$1,600–$2,100

dogs and cats ok
Yes
fitness center
No
on-site laundry
Yes

Check availability

Full name*
Move-in date
Unit
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by 700 East Algonquin Road #2307, Schaumburg, Illinois 60173, United States.

Studio apartment rentals in Schaumburg4 listings

4 listings

2 Bedroom apartment rentals in Schaumburg95 listings

95 listings

3 Bedroom apartment rentals in Schaumburg13 listings

13 listings

Advertisement